Reinsurance Jobs in Edina, MN
Reinsurance is a financial tool that insurance companies use to manage risk. Essentially, it involves insurance companies transferring portions of their risk portfolios to other parties to reduce the likelihood of having to pay a large obligation resulting from an insurance claim. In other words, it is insurance for insurance companies. Reinsurance enables insurance companies to remain solvent by recovering part or all amounts paid to claimants. Further, reinsurance also provides insurance companies the capacity to underwrite policies that cover a larger volume of risks without excessively raising the costs of covering their solvency margins.
Individuals seeking roles in Reinsurance should have strong analytical, decision-making, and negotiation skills. Moreover, having a deep understanding of risk analysis, financial markets, and regulatory requirements are also essential. A certification as a Chartered Property Casualty Underwriter (CPCU) or Associate in Reinsurance (ARe) might be required. Some typical roles a person may have before becoming a Reinsurance Professional include Underwriter, Claims Adjuster, or Risk Analyst. These roles provide the necessary experience and understanding of risk assessment and financial implications critical for a career in reinsurance.
Reinsurance Contract Drafter (AVP/VP)
- Marsh & McLennan Companies, Inc.
- Edina, MN
- 24 days ago
- Edina, MN
- 24 days ago
We will count on you to: Manage the complete lifecycle of a reinsurance contract for your assigned accounts, including drafting the contract language to reflect the intent of the reinsurance negotiations...
HybridDirector - Strategy & Execution - Reinsurance
- Aon Corporation
- Minneapolis, MN (5 miles from Edina, MN)
- 30+ days ago
- Minneapolis, MN (5 miles from Edina, MN)
- 30+ days ago
The role will support the execution of Reinsurance Growth and Broking strategies with focus on insights to drive strategic business growth....
HybridAs a Reinsurance Broker Intern, you will work on the North American Reinsurance Team - learning more about reinsurance broking, risk mitigation solutions, contract negotiation, portfolio management,...
In Person InternshipWhat makes you stand out: Experience in Pro Rata Reinsurance Knowledge of contract law, contract provisions, reinsurance concepts and principles, basic regulatory controls, and general business trends...
HybridAVP, Reserving & Loss Analytics (Reinsurance)
- Arch Capital Group Ltd.
- Saint Paul, MN (11 miles from Edina, MN)
- 90+ days ago
- Saint Paul, MN (11 miles from Edina, MN)
- 90+ days ago
Candidates will be evaluated on: A minimum of 10 years' experience in progressively complex actuarial roles within the property and casualty insurance industry....
In PersonDemographic Data for Edina, MN
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Salary for Reinsurance Jobs in Edina, MN
Required or preferred licenses and certifications for Reinsurance positions.
Highest Education Level
Reinsurances in Edina, MN offer the following education backgroundQualifications / Skill Sets
The following top skills are often required or desired to land a Reinsurance position
- Intellectual Property Law
- Motion Practice
- Drafting
- General Accounting
- Client Management
- Mergers & Acquisitions
- Research and Writing
- Business litigation
- Commercial Litigation
- Drafting Pleadings
- System Implementation
- Patent Prosecution
- International Financial Reporting Standards
- Capital Markets
- Complex Litigation
- Technical Accounting
- Class Action Litigation
- General Liability
- Property and Casualty Insurance
- Professional Liability
- Annuities
- Underwriting
- Litigation
- Claims
- Financial Statements
- Variance Analysis
- Internal Control
- Generally Accepted Accounting Principles
- Financial Planning and Analysis
- Reconciliations
- Legal Research & Writing
- Financial Reporting
- Reimbursement
- Microsoft Power BI
- Risk Management
- Finance
- Decision Making
- Negotiation
- Accounting
- Auditing
- Business Development
- Consulting
- Presentation
- Process Improvement
- Driving
- Documentation
- Coaching
- Employee Development
- Reporting
- Collaboration
- Flexibility
- Sales
- Microsoft Excel
- Research Skills
- Microsoft Office
- Problem Solving
- Scheduling
- Leadership
- Communication Skills
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